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As part of the multi-year agreement, Altair would enable many of its commercial software-as-a-service (SaaS) and internal workloads to run on Oracle Cloud Infrastructure, including its portfolio of high-performance engineering simulation and analytics products.
FREMONT, CA: Oracle announced the expansion of its partnership with Altair, a global technology company providing solutions in data analytics, high-performance computing (HPC), and product development. As part of the multi-year agreement, Altair would enable many of its commercial software-as-a-service (SaaS) and internal workloads to run on Oracle Cloud Infrastructure, including its portfolio of high-performance engineering simulation and analytics products.
Altair's 11,000 customers worldwide, including manufacturing, life sciences, aerospace, automotive, high technology, and financial services companies, can launch Altair products on Oracle Cloud Infrastructure to help the speed and improve product design at lower costs. Only Oracle offers the industry's first bare-metal HPC infrastructure with the lowest latency RDMA networking. Oracle Cloud's HPC solutions provide price-performance that is comparable to on-premises infrastructure, which allows Altair to lift-and-shift workloads seamlessly from on-premises to the cloud.
"Our customers are driven to solve the world's toughest and most complex problems and they use our software to do just that; making their products faster, better, and smarter than ever before," stated Sam Mahalingam, chief technical officer, Altair. "Oracle Cloud Infrastructure helps us accomplish this because it delivers great price-performance, enabling our customers to easily design innovative sustainable products."
Altair is a pioneer of simulation-driven design. Utilizing engineering simulation early in the design process allows Altair customers to fine-tune their designs faster, decreasing time to market and saving money on prototype testing, which can be prohibitively expensive. Altair has already achieved 20 percent cost savings by moving its engineering simulation workloads from a competitive cloud to Oracle Cloud Infrastructure's HPC services. Oracle Cloud is especially suited to latency-sensitive applications like Altair AcuSolve, Altair Radioss, and Altair OptiStruct.
"Altair is a leader in simulation software that helps companies design, test, and develop products digitally first to save on production costs," stated Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure. "Oracle Cloud Infrastructure's focus on price-performance is a perfect match with how Altair helps its customers innovate and bring products to market faster at lower costs. We're excited to partner with Altair to move this industry to the cloud."